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Ageras Announces Full Acquisition of Payment Reconciliation Software Company, Storebuddy

Fintech Finance

The post Ageras Announces Full Acquisition of Payment Reconciliation Software Company, Storebuddy appeared first on FF News | Fintech Finance.

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What is Reconciliation in Payments

Clearly Payments

In payments and finance, one of the most important activities that businesses perform is reconciliation. While it may sound like a complex term, reconciliation is simply the process of making sure that two sets of financial records match. What is Reconciliation? At its core, reconciliation is a comparison process.

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FOMO Pay Adds Vietnam to Cross-Border Network with Launch of VND Accounts

Fintech News

The service enables merchants, corporates, and institutions to send and receive VND within Vietnam using locally issued virtual accounts under their own names via the countrys local payment infrastructure. This expansion follows FOMO Pays recent rollout of United Arab Emirates Dirham (AED) payment capabilities.

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Navigating AML obligations in the age of virtual IBANs

The Payments Association

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions.

IBAN 88
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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

The payments landscape is evolving with digital assets, real-time transactions, and new regulationsbusinesses must adapt to stay efficient and compliant. The payments industry is undergoing a profound transformation. Transaction volumes are surging, payment methods are diversifying, and businesses are under pressure to adapt.

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Best Payment Reconciliation software

Nanonets

Introduction Accuracy and efficiency are non-negotiable in the processing of payments in any company, be they payments received by the company for products/services rendered, or made to vendors for products/services received. Payment reconciliation is the process of verifying all payment transactions.

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Payment reconciliation: What is it, and how can your business do it efficiently?

Nanonets

Efficient reconciliation of payments is a vital aspect of financial management for businesses of all sizes. As transactions flow in and out, reconciling payments becomes crucial to ensure accuracy, identify discrepancies, and maintain a clear financial picture. What is payment reconciliation?